Announcement Concerning Partial Change in the Articles of Incorporation
SOFTBANK CORP. (hereinafter “the Company”) announces that its board of directors passed a resolution today to submit a request for approval of “Partial Change in the Articles of Incorporation” to the 31st Annual General Meeting of Shareholders of the Company scheduled to be held on June 24, 2011. The content and other outline of this change are as follows.
1. Content of the change in the Articles of Incorporation
The details are as follows.
| Existing Articles of Incorporation | Proposed Change |
|---|---|
| (Purpose) Article 2 The purpose of the Company shall be to control and maintain the business activities of the Company by acquiring and owning shares or equity of the companies which perform the following business activities and foreign companies which perform business activities corresponding to the following: 1. to (Omitted) 40. (Newly Added) | (Purpose) Article 2 The purpose of the Company shall be to control and maintain the business activities of the Company by acquiring and owning shares or equity of the companies which perform the following business activities and foreign companies which perform business activities corresponding to the following: 1. to (Unchanged) 40. 41. Generation of power utilizing natural energy, etc. and management, operation, supply and sales of its power |
2. Reason for the change
To be prepared for the future business development, an addition shall be made to paragraph 1, Article 2 (Purpose) of the Articles of Incorporation. The board of directors of the Company will have a thorough deliberation and resolution in case of actual launch of the business related to the change.
3. Schedule
| Date of Annual General Meeting of Shareholders of the Company deliberating on the change in the Articles of Incorporation | June 24, 2011 |
|---|---|
| Date of entry into force | June 24, 2011 |
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